Peoples Financial Services CORP. cut its position in Expeditors International of Washington, Inc. (NASDAQ:EXPD – Free Report) by 21.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 2,960 shares of the transportation company’s stock after selling 825 shares during the quarter. Peoples Financial Services CORP.’s holdings in Expeditors International of Washington were worth $328,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of the company. Hara Capital LLC bought a new position in shares of Expeditors International of Washington in the 3rd quarter worth $26,000. Wilmington Savings Fund Society FSB bought a new position in shares of Expeditors International of Washington in the 3rd quarter worth $57,000. Maia Wealth LLC bought a new position in shares of Expeditors International of Washington in the 3rd quarter worth $59,000. Livforsakringsbolaget Skandia Omsesidigt grew its holdings in shares of Expeditors International of Washington by 174.4% during the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 472 shares of the transportation company’s stock valued at $62,000 after purchasing an additional 300 shares during the last quarter. Finally, Quarry LP grew its holdings in shares of Expeditors International of Washington by 315.6% during the 2nd quarter. Quarry LP now owns 561 shares of the transportation company’s stock valued at $70,000 after purchasing an additional 426 shares during the last quarter. 94.02% of the stock is currently owned by hedge funds and other institutional investors.
Expeditors International of Washington Trading Up 0.4 %
NASDAQ:EXPD opened at $111.05 on Wednesday. Expeditors International of Washington, Inc. has a 12 month low of $108.36 and a 12 month high of $131.59. The stock has a market cap of $15.54 billion, a price-to-earnings ratio of 21.65, a P/E/G ratio of 3.36 and a beta of 0.99. The company has a 50-day moving average price of $116.80 and a 200-day moving average price of $120.26.
Expeditors International of Washington Dividend Announcement
The company also recently disclosed a semi-annual dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 2nd were paid a dividend of $0.73 per share. The ex-dividend date was Monday, December 2nd. This represents a yield of 1.2%. Expeditors International of Washington’s dividend payout ratio is currently 28.46%.
Insider Buying and Selling at Expeditors International of Washington
In other news, Director Robert Paul Carlile sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $121.11, for a total transaction of $363,330.00. Following the completion of the transaction, the director now directly owns 9,662 shares of the company’s stock, valued at $1,170,164.82. The trade was a 23.69 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.69% of the stock is owned by company insiders.
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on EXPD shares. TD Cowen increased their target price on shares of Expeditors International of Washington from $106.00 to $108.00 and gave the company a “sell” rating in a report on Wednesday, November 6th. Wolfe Research lowered shares of Expeditors International of Washington from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 9th. Finally, Barclays increased their target price on shares of Expeditors International of Washington from $105.00 to $110.00 and gave the company an “underweight” rating in a report on Wednesday, November 6th. Four analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company’s stock. Based on data from MarketBeat.com, Expeditors International of Washington presently has an average rating of “Hold” and an average price target of $118.44.
View Our Latest Report on EXPD
Expeditors International of Washington Profile
Expeditors International of Washington, Inc, together with its subsidiaries, provides logistics services worldwide. The company offers airfreight services, such as air freight consolidation and forwarding; ocean freight and ocean services, including ocean freight consolidation, direct ocean forwarding, and order management; customs brokerage, import, intra-continental ground transportation and delivery, and warehousing and distribution services; and customs clearance, purchase order management, vendor consolidation, time-definite transportation services, temperature-controlled transit, cargo insurance, specialized cargo monitoring and tracking, and other supply chain solutions.
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